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Wednesday, August 7, 2013

Markets Around the World Giving SELL signals

We can look at many markets around the world where we are getting SELL signals.
Look at India

The above chart clearly shows that the Indian Stock market is heading lower and gave a sell signal 8 trading days ago.

Australia: Here again we got a sell signal on heavy volume last night.

Japanese NIkkei after going up for 4 days on decreasing volume is giving a SELL signal. It went down 4% last night. Soon those kinds of declines will happen in US markets

Hongkong Market also gave a SELL signal last night

Brazil market also give a SELL signal yesterday after a half hearted rally since July 8.
This market has been going down since Jan 1, 2013 Soon it will make new lows below 2009 lows.
FTSE & DAX  gave a SELL signal also today.( Charts for  6:30 AM PT below



We  got a SELL signal on DJI & SPX ( or SPY) yesterday. No SELL signal on NASDAQ yet. RUSSELL 2000 will give a SELL signal today. We have been warning about this decline since Aug2. READ our Blog of Aug. 2
TZA remains the best BUY for this decline.

DJI (at 6:40 AM PT)


SPY( 6:40 AM PT)

IWM (ETF for RUSELL 2000 ) 6:45 AM PT


TZA ( Triple Bearish ETF) 6:45 AM PT ( Last 5 days)
To Buy the book go here 

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